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Another green day for MEEC, won't complain
Someone threw you a GIFT! MEEC gonna climb all week
MEEC should have more eyes, someone threw us a bone early this week...mm...or tired seller? Either way .40 tomorrow IMO
Plenty of time to chase, MEEC is going back to .45-.50 IMO
This isn't going to go away easily in the case of mercury pollutant vs cost. A lot is already installed and contracts signed.
Some bites of articles from yesterday.
EPA has found costs of installing and operating equipment to remove the mercury pollutants as much as $9.6 billion a year.
But the benefits are much greater, $37 billion to $90 billion annually, the agency said. The savings stem from the prevention of up to 11,000 deaths, 4,700 nonfatal heart attacks and 540,000 lost days of work, the EPA said. Mercury accumulates in fish and is especially dangerous to pregnant or breastfeeding women, and young children, because of concern that too much could harm a developing brain.
Justices sent the matter back to the U.S. Circuit Court of Appeals in Washington, D.C. for further consideration.
Most plant operators already have started or completed work needed to comply with the rule. It will remain in place pending further proceedings, EPA spokeswoman Melissa Harrison said in a statement.
Companies with coal-fueled plants in Montana, Pennsylvania, Ohio, Maryland, Connecticut, Arizona, New Jersey, South Carolina and elsewhere planned to continue work to meet the EPA rule while the case is pending or already were in compliance.
That 53% drop was panic selling. I took advantage and took a nice chunk this morning for an average down. If the Company has any IR / PR capabilities then they should put out a nice rebuttal PR and IMHO this MEEC will rebound to .55
I think your right. Hit some resistance at .30 tho. Might take a bit of a push to break it
News not Spit this company. It was just emotions. Great seller, tried yesterday to sell 100,000 shares and he was able to do it only $ 0.23 and it has caused fear among investors. Today, emotions are over, and the price will go up to the fair price of 0.45-0.50
News not Spit this company. It was just emotions. Great seller, tried yesterday to sell 100,000 shares and he was able to do it only $ 0.23 and it has caused fear among investors. Today, emotions are over, and the price will go up to the fair price of 0.45-0.50
Looks like you were right! Damn it! Lol
Not gonna chase it.
I hope not! I didn't get my fill! But if your already loaded and it runs good for you
MEEC.. Gap up tomorrow ?
Will be watching this tomorrow... Tough to tell if the free fall has stopped but could easily climb back to .50
All over this DIP for MEEC!! .45 -50 is stable range.
Hardly influenced in the fall or some news. Since I did not find anything negative. Look morning shopping. This is clearly a manipulation, in order to sell 100,000 shares. Seller went out and now the market makers will drive the price up, because they have bought a lot of stock in the region of $ 0.22. A couple of hours the price will be back in the area of $ 0.50.
A Older Article May 20, 2015 Worth Posting...MEEC Midwest Energy Emissions Updates Total Contracted Revenues to Over $110 Million
http://www.nbtequitiesresearch.com/report/meec-midwest-energy-emissions-updates-total-contracted-revenues-to-over-110-million
By Tobin Smith | May 20, 2015, 7:49pm GMT .
Midwest Energy Emissions (MEEC) provided shareholders a general business update today ahead of their annual 10K report.
In short, ALL systems are go with EPA’s “MATS” mercury emission control compliance for about 25% of the US Coal Powered utility fleet…with the remaining 75% of the coal fired power generators over 25MW coming under MATS in April 2016.
•MEEC’s projected $100 million of contracted revenues with major utility companies over the next three years has grown to $110 million.
•Currently, the company has 15 electric generating units (EGUs) under contract for MATS compliance. Two EGUs have been operational since 2011 and another three injection systems have just been installed in April.
•April’s combined product sales and consulting fees generated revenues of nearly $2 million resulting in the company’s first profitable operating calendar month.
•This summer, six additional systems and two sorbent injection systems are schedule to be installed. Management estimates that product sales, equipment installations and consulting services will generate over $8 million in equipment sales during 2015.
•Product revenues of approximately $16 million annually are estimated to be the company’s break-even point on a cash flow basis.
•Management still anticipates becoming cash flow positive when full MATS compliance is achieved by its customers in 2016.
•2016: Over $30 million in revenues
•2015-2018: Over $110 million over the terms of existing contracted revenues.
•Utilizing the mid-second quarter P/S ratio of 1.8 on projected 2016 sales of $34.9 million, Zacks Small Cap Research share price target remains $1.55.
Based on additional contract wins by we anticipate for MEEC primarily derived from its up to 50% guaranteed lower mercury compliance cost guarantee to Powder River coal fired power plants, our NBT Equities Research forecast for 2018 revenues remains >$80 million annualized and 0.50 EBITDA per share on approximately 60 Million shares outstanding or $5 a share.
We will be updating our independent research report after the 10Q is filed.
Additional Color: Seven of the MEEC’s 13 units under contract have been granted one-year MATS compliance waivers by their respective state EPAs. The anticipated revenues from the sale of capital equipment and products for MATS compliance by April 16, 2015 had been expected to allow the company to meet its debt obligations, which now the company is actively seeking to negotiate or refinance.
The company’s current cash flow needs for operations is approximately $300,000 per month; additional funds are needed for demonstrations, and management is still actively marketing to utilities seeking to achieve MATS compliance in 2016.
Management still anticipates becoming cash flow positive when full MATS compliance is achieved by its customers in 2016. Product revenues of approximately $16 million annually are estimated to be the company’s break-even point on a cash flow basis.
According to Zacks Small Cap Research: “Midwest Energy Emissions (MEEC) is well-positioned to benefit from the Congressionally-mandated implementation of Mercury and Air Toxics Standards (MATS). The company has exclusive rights to Sorbent Enhancement Additive (SEA™) Technology for the reduction of mercury emissions by coal-fired electric generating units. The technology has been commercially deployed and provides many advantages, including low cost of operation, flexibility for optimization and preservation of fly ash marketability. The company’s top-line is poised to accelerate significantly over the next two years since Midwest Energy Emissions already has been awarded five contracts with separate utilities or electric-cooperatives encompassing 15 EGUs.”
Zacks further states “Midwest Energy MEEC is unique in that it has
•a singular focus (the mercury emissions control market),
•holds exclusive rights to patented processes
•has achieved significant market penetration through the commercialization of SEA Technology and is
•positioned to take advantage of further growth opportunities afforded by the implementation of MATS.
Comparable pollution control and value-added specialty chemical companies trade in a P/S valuation range between 2.4 and 0.9. Utilizing the mid-second quarter P/S ratio of 1.8 on projected 2016 sales of $34.9 million, our share price target remains $1.55.”
The complete update and 10-Q reports are here:
•MEEC: Midwest Energy Emissions provides business update and reports 1Q
•MIDWEST ENERGY EMISSIONS CORP. Files SEC form 10-Q, Quarterly Report
Bottomline: Based on NBT Equity Research’s anticipation of additional contract wins by MEEC from its up to 50% guaranteed lower mercury compliance cost guarantee to Powder River coal fired power plants, our forecast for 2018 revenues remains >$80 million and 0.50 EBITDA per share on approximately 60 Million shares outstanding.
Long Term 18-Month MEEC Target: $5 a share
Current Share Price: 0.70
Disclaimer
Midwest Energy Emissions Corp. Announces Amendments with Junior Note Holders
.
Accesswire
11 hours ago
LEWIS CENTER, OH / ACCESSWIRE / June 15, 2015 / Midwest Energy Emissions Corp. (MEEC) ("ME2C" or the "Company"), an emerging leader in mercury emissions control technology for the global coal-power industry, announced today that all holders of the Company's unsecured 12% Convertible Promissory Notes issued between April 2012 and January 2013 have agreed to extend the maturity dates of the Notes by 12 months from their original maturity dates together with other modifications. The Company reported that it began the process of seeking such amendments from such holders in April 2015. The Company also stated that approximately 1/3 of the principal outstanding as of March 31, 2015 has already been converted into shares of the Company.
Stated President and CEO Richard MacPherson, "Our ability to successfully reach agreement with 100% of the holders of these notes - most of which were originally set to mature during 2015 - demonstrates confidence and support from our early investor base. These notes, which were offered in 2012 and early 2013, had a total principal outstanding of approximately $3.4 million at March 31, 2015 which has now been reduced by over $1.0 million as a result of the recent conversions. We greatly appreciate the continued support of our investors as we focus on our growth initiatives of systems installations, procurement of new business, and entering into what we estimate to be a period of significant business development in the coming twelve months."
About Midwest Energy Emissions Corp. (ME2C) - Midwest Energy Emissions Corp. delivers patented and proprietary solutions to the global coal-power industry to remove mercury from their power plant emissions, providing performance guarantees and leading edge emissions services. The U.S. Environmental Protection Agency's (EPA) Mercury and Air Toxic Standards (MATS) rule requires that all coal- and oil-fired power plants in the U.S., larger than 25 mega-watts, must remove roughly 90% of mercury from their emissions starting April 16, 2015. ME2C has developed patented technology and proprietary products that have been shown to achieve mercury removal levels compliant with MATS at a significantly lower cost and with less operational impact than currently used methods, while preserving the marketability of fly-ash for beneficial use.
Safe Harbor Statement
With the exception of historical information contained in this press release, content herein may contain "forward looking statements" that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the gain or loss of a major customer, additional or new EPA regulations affecting coal-burning utilities, disruption in supply of materials, a significant change in general economic conditions in any of the regions where our customer utilities might experience significant changes in electric demand, a significant disruption in the supply of coal to our customer units, the loss of key management personnel, failure to obtain adequate working capital to execute the business plan and any major litigation regarding the Company. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in the Company's periodic filings with the Securities and Exchange Commission.
Contact:
Keith R. McGee
Sr. Vice President
Business Development & Investor Relations
Midwest Energy Emissions Corp.
614-505-6115
kmcgee@midwestwemissions.com
SOURCE: Midwest Energy Emissions Corp.
Coal Plant Rules Proposed by E.P.A. Survive Federal Court Challenge.
http://www.nytimes.com/2015/06/10/us/coal-epa-clean-power-plan.html?_r=1
Agree they have a fleet of top notch Board Memebers and highly tech savy individuals, not to mention our new onboard CEO Mr. MacPherson who is the Founder of the Company, and successfully led the early development and commercialization of the firm’s technologies, dating back to 2008.
I also agree we need more volume and a more investor voice of this technology which is as you well know a MATS requirement that all coal and oil-fired power plants in the U.S. larger than 25 mega-watts must remove roughly 90% of mercury from their emissions starting April 16, 2015.
I see we broke the .70 barrier in after hours. Could be interesting this week.
Price Size Mkt Time
$0.71 509 OTO 16:05:35
$0.71 0 OTO 15:55:12
$0.70 1,000 OTO 15:55:09
$0.70 1,000 OTO 15:54:34
$0.70 2,000 OTO 15:54:28
$0.70 1,500 OTO 15:54:26
$0.689 7,300 OTO 15:54:01
$0.6129 900 OTO 15:53:54
Only took about 29k shares to raise price 28%. Nice Company but the stock needs resurrecting. I'm holding and waiting to see if MEEC becomes pro active in geting their word out.
Good volume past three days. Next resistance level .70
Date Open High Low Close Volume
05/21/15 0.68 0.69 0.65 0.68 45,685
05/20/15 0.55 0.70 0.47 0.65 87,116
05/19/15 0.625 0.625 0.47 0.55 129,925
I like this part of the news.
We just completed installation of 3 of our proprietary injection systems in April 2015, and combined with product sales and consulting fees have generated revenues of just under $2 million last month. At this increased level of business, we were able to achieve operating-profitability for a calendar month for the first time in company history, a milestone accomplishment. We are on schedule for a very busy summer of installations on six additional systems, and two sorbent injection systems. In total, we estimate that we will generate over $110 million in aggregate revenues from the product, equipment, and consulting services that are part of the long-term, three-plus year contracts that we have been awarded to date
However I absolutly LOVE this part of the News
Concluded MacPherson, "Our team is presently executing on continuous technology demonstrations, sales presentations and in-field operations. I am proud of our accomplishments to date, and excited for our future prospects. We are seeing a ramp up in revenues starting this quarter, and look to a substantial 2016 where we estimate over $30 million in revenues on these initial contracts alone, with significant business development efforts underway with other utilities across North America. Our R&D team continues to innovate and expand our reach into the coal-power industry for their mercury emissions needs. We will provide constant updates on our performance as we continue our growth throughout the year ahead."
$MEEC recent news/filings
bullish
## source: finance.yahoo.com
Wed, 20 May 2015 13:10:14 GMT ~ Midwest Energy Emissions Corp. Provides Business Update as EPA's MATS Regulations Take Effect
[at noodls] - LEWIS CENTER, OH / ACCESSWIRE / May 20, 2015 / Midwest Energy Emissions Corp. (OTCQB: MEEC) today provided a general business update for investors and shareholders, as the US Environmental Protection Agency's ...
read full: http://www.noodls.com/view/26200B58C0866439E38DF37441CDDFFE1560CD04
*********************************************************
Wed, 20 May 2015 12:31:00 GMT ~ Midwest Energy Emissions Corp. Provides Business Update as EPA's MATS Regulations Take Effect
[Accesswire] - LEWIS CENTER, OHIO / ACCESSWIRE / May 20, 2015 / Midwest Energy Emissions Corp. (OTCQB: MEEC) today provided a general business update for investors and shareholders, as the US Environmental Protection ...
read full: http://finance.yahoo.com/news/midwest-energy-emissions-corp-provides-123100971.html
*********************************************************
Fri, 15 May 2015 21:04:17 GMT ~ MIDWEST ENERGY EMISSIONS CORP. Files SEC form 10-Q, Quarterly Report
read full: http://biz.yahoo.com/e/150515/meec10-q.html
*********************************************************
Fri, 08 May 2015 20:29:14 GMT ~ MIDWEST ENERGY EMISSIONS CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements a
read full: http://biz.yahoo.com/e/150508/meec8-k.html
*********************************************************
Thu, 07 May 2015 13:01:00 GMT ~ Midwest Energy Emissions Corp. Announces Significant Patent Portfolio Developments, and New Product Commercialization
[Accesswire] - Enhanced International Patent Portfolio Licensed From The Energy & Environmental Research Center Foundation; Proprietary flu-gas treatment product for multi-pollutant mitigation LEWIS CENTER, OH / ACCESSWIRE ...
read full: http://finance.yahoo.com/news/midwest-energy-emissions-corp-announces-130100477.html
*********************************************************
$MEEC charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$MEEC company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/MEEC/company-info
Ticker: $MEEC
OTC Market Place: OTCQB
CIK code: 0000728385
Company name: Midwest Energy Emissions Corp.
Company website: http://www.midwestemissions.com
Incorporated In: DE, USA
Business Description: Midwest Energy Emissions Corp. delivers patented, cost-effective mercury capture solutions to coal-fired power plants and other large industrial coal-burning units. The Company's proprietary technology delivers a flexible, tunable solution that allows the global coal-power industry to comply with new, highly restrictive regulations on mercury air emissions with the least disruption to their current equipment and on-going operations, while preserving the ability to re-cycle fly-ash for beneficial use.Less >>
$MEEC share structure
## source: otcmarkets.com
Market Value: $22,248,263 a/o May 19, 2015
Shares Outstanding: 40,451,388 a/o Mar 20, 2015
Float: 10,089,125 a/o Dec 22, 2014
Authorized Shares: 150,000,000 a/o Apr 16, 2015
Par Value: 0.001
$MEEC extra dd links
Company name: Midwest Energy Emissions Corp.
Company website: http://www.midwestemissions.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=MEEC+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=MEEC+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=MEEC+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/MEEC/news - http://finance.yahoo.com/q/h?s=MEEC+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/MEEC/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/MEEC/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=MEEC+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/MEEC
DTCC (dtcc.com): http://search2.dtcc.com/?q=Midwest+Energy+Emissions+Corp.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Midwest+Energy+Emissions+Corp.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Midwest+Energy+Emissions+Corp.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.midwestemissions.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.midwestemissions.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.midwestemissions.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/MEEC
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000728385&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/MEEC/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/MEEC/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=MEEC&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=MEEC
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/MEEC/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=MEEC+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=MEEC+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=MEEC
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=MEEC
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=MEEC+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/MEEC/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=MEEC+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/MEEC.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=MEEC
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/MEEC/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/MEEC/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/MEEC
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/MEEC
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/MEEC:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=MEEC
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=MEEC
$MEEC DD Notes ~ http://www.ddnotesmaker.com/MEEC
I'm in @ .47 this morning for a nice starters position. Good luck to us all!
Although I am still doing my DD on MEEC it certainly is a unique type of technology with smart management.
Midwest Energy Emissions Corp. Announces Significant Patent Portfolio Developments, and New Product Commercialization
(via Thenewswire.ca)
-Enhanced International Patent Portfolio Licensed From The Energy & Environmental Research Center Foundation
-Proprietary flu-gas treatment product for multi-pollutant mitigation
Lewis Center, Ohio / TheNewswire / May 7, 2015 -Midwest Energy Emissions Corp. (ME2C) (OTCQB: MEEC) announced today that the Energy & Environmental Research Center Foundation (EERCF) has successfully been awarded two new patents for emissions control. The two newest issued patents are U.S. Patent 9,011,805 issued on April 21, 2015, and Europe Patent # 1 931 449 issued on March 25, 2015. ME2C now has 21 patents under its exclusive patent-licensing agreement with the EERCF, with an additional 8 patents pending, across key international markets in the US, Canada, Europe, and China.
Additionally, the Company has announced the full commercialization of a critical product offering for customers, which is offered as part of its patented SEA Technology for mercury air emissions control. In its pursuit of continued innovation across its product suite, the Company now has a fully commercialized product for high SO3 environments, with co-benefits of improved particulate control and acid-gas mitigation, important for both proper system management and regulated emissions.
Midwest Energy Emissions Corp. develops and employs patented and proprietary solutions for mercury emissions control. The U.S. Environmental Protection Agency's (EPA) Mercury and Air Toxic Standards (MATS) rule requires that all coal- and oil-fired power plants in the U.S., larger than 25 mega-watts, must remove roughly 90% of mercury from their stack emissions. ME2C's patented technology, and performance guarantee, has been shown to achieve mercury removal levels compliant with MATS at a significantly lower cost and with less operational impact than currently used methods, while preserving the ability for customers to recycle and sell fly-ash for beneficial use.
CEO Richard MacPherson stated, "This is a very powerful development for our company, and our shareholders, today. The rewards of our investments are continuing to unfold in the form of our IP, and the products that we are offering to our customers. The patents that the EERCF has successfully been issued are the result of over two decades of exhaustive research on air emissions in coal power plants, and specifically, mercury emissions. The robust IP that we have invested into offers the coal-power industry the very best means for tackling intense regulations that demand the most cost-effective solutions. Atop this, our very core philosophy on holistic solutions provisions for our customers has manifested in a wonderful solution for SO3 and acid-gasses, which can be very problematic for maximizing power plant efficiency, and cost-effective regulatory compliance. We trialed the product over the last two years, and have successfully sold it into the market to great success at a customer who saw dramatic reduction in SO3, which raised the power production at the plant, increasing revenues, while drastically reducing their costs for mercury emissions control. Our SEA Technology platform is constantly being improved with new products, with the mindset of offering our customers the very best in mercury emissions control, and we'll guarantee the results. "
Stated CTO, John Pavlish, "Continuing and evolving developments in our products and licensed IP demonstrate our ongoing efforts to provide the most effective cutting-edge solutions to our customers. I am very proud of the work that our team has put into the development and testing of this solution for SO3, as this form of sulfur in the plant gas stream greatly impacts effective mercury control, and can be very problematic for maintaining emissions and efficiency for a power plant. This product can reduce mercury emissions control costs, and increase the revenues for a customer in certain environments where SO3 is limiting power output. Regarding the patents, we have grown the European reach of an existing US patent, which continues to play to the global expansion of mercury emissions regulations, and in the US, we are pushing into the increased efficacy of smaller, nano-particle carbon products that will continue to enhance the capability of power plants to recycle their fly ash for beneficial use. In all, this news today demonstrates the real-time development of products that our customers can use now, and patented processes that will benefit them for many years to come."
Additional information can be found at www.midwestemissions.com
Safe Harbor Statement
With the exception of historical information contained in this press release, content herein may contain "forward looking statements" that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the gain or loss of a major customer, additional or new EPA regulations affecting coal-burning utilities, disruption in supply of materials, a significant change in general economic conditions in any of the regions where our customer utilities might experience significant changes in electric demand, a significant disruption in the supply of coal to our customer units, the loss of key management personnel, failure to obtain adequate working capital to execute the business plan and any major litigation regarding the Company. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in the Company's periodic filings with the Securities and Exchange Commission.
Contact:
Keith R. McGee
Sr. Vice President
Business Development & Investor Relations
Midwest Energy Emissions Corp.
614-505-6115
kmcgee@midwestwemissions.com
Copyright (c) 2015 TheNewswire - All rights reserved.
Source: TheNewsWire (May 7, 2015 - 9:00 AM EDT)
Insider Christopher Greenberg (Chairman of the Board) Acquired 75,000 and 25,000 Stock Options ,exercise price: $0.670 on May 4, and May 1, 15. following other insiders acquired stock options also.
David V. Goliath: Small-Cap Tech To Save Giant Coal
By James Stafford
21 hours ago
The Environmental Protection Agency’s (EPA) new mercury pollution regulations that took effect last month opened the flood gates for a new multi-billion-dollar energy industry that has investors scrambling to get in on second-generation technology poised for massive revenue gains.
When the EPA measures to curb mercury pollution from coal-fired power plants over 25 megawatts took effect on 16 April, it wasn’t only environmentalists who were popping the champagne corks—technology companies specializing in mercury remediation broke out the glasses as well.
After all, the new regulations created a $2 billion-a-year, federally mandated business for them virtually overnight. These Federal regulations add a further 28 states to the 22 states who already have similar state-imposed mercury emission compliance regulations.
This is a newborn industry that is only going to get bigger—and fast. The 16 April EPA Mercury and Air Toxics Standards (MATS) require that all US-based coal- and oil-fired electric power plants generating 25MW and higher reduce their mercury emissions by approximately 90%.
With compliance deferments awarded in 2014, approximately 25% of the United States coal-fired plants operated by the power utility industry are subject to compliance with the EPA mercury emission controls in 2015. But this is only the beginning.
Related: This Deal Could Completely Change North American Energy Dynamics
By this time next year, 75% of the rest of America’s coal-fired plants are scheduled to come under strict mercury emission regulations, while new limits are expected to be placed on greenhouse gas emissions this summer as well.
In order for coal-fired power plants to survive, they will have to find a way to comply cost-effectively. This is where new second-generation mercury remediation technology comes in to save the day.
Once investors realize the door that was opened wide on 16 April, a number of small- and mid-cap plays will suddenly seem like a good way to profit on the new regulations, including: Advanced Emissions Solutions, Inc (OTCMKTS: ADES), Albemarle Corporation (NYSE: ALB), Calgon Carbon Corporation (NYSE: CCC), Fuel Tech Inc (NASDAQ: FTEK) and Midwest Energy Emissions Corp (OTCQB: MEEC).
The largest first-generation emission control companies in this industry right now are Federal Signal Corp. (NYSE: FSS), Cabot Corp. (NYSE: CBT), Advanced Emissions Solutions, Calgon Carbon Corporation and CECO Environmental Corp (NASDAQ: CECE). But it is the small-cap players here that will be undervalued, with some analysts predicting share prices jumping by 15%-84%.
To many industry analysts, the first-generation mercury emission technological solutions missed the mark. Their activated carbon filtration technology was too expensive, using up to $5-$6 million per energy generating unit (EGU) per year. First-generation technology also missed the mark on coal ash, which was destroyed in the carbon filtration process, but could be used as a cash cushion to partly mitigate the costs of emissions control. When you consider that re-selling coal ash to the cement and concrete industry is estimated to bring coal plants $450 million annually in extra income, this loss is a great one.
This brings us to the second-generation mercury emissions control technology put out by smaller environmental services companies in which investors are hustling to get in on the ground floor before stocks start to soar.
Related: Coal Markets May Just Have Been Thrown A Lifeline
One that stands out is Midwest Energy Emissions Corp. (MEEC), which burst onto this scene from obscurity in collaboration with North Dakota University’s Environmental Emission Research (EERC) team, which has been researching clean coal technologies for over 50 years. Not only does MEEC’s second-generation solution guarantee coal-fired power plant compliance, but it appears to be the first to do so at 50% lower costs than first-generation solutions.
The technological solution developed by EERC and MEEC is a patented, cost-effective mercury capture system for coal-fired units in the US and Canada that not only allows them to meet EPA emissions stands for 90% reductions, but to exceed them. But the real advancement here is economic: The technology can be implemented for half the cost of its predecessors and at the end of the day, according to university researchers and MEEC, it significantly reduces expensive wear and tear on boiler systems.
From the perspective of the coal industry, this second-generation solution could not come at a better time because it will make compliance survivable and even economical. From the broader perspective of the American economy, this is a win-win solution that allows us to hang on to coal, but clean it up cost-effectively while in the meantime, saving hundreds of thousands of jobs according to a recent Heritage Foundation research report.
Related: We Are Witnessing A Fundamental Change In The Oil Sector
From a pure investment perspective, EPA regulation strongly controls new entrants on this explosive scene, but the credibility resounds most loudly with the upstart MEEC due to its public-private partnership with EERC, which is one of the world’s leading developers of cleaner, more efficient energy and environmental technologies and was designated by the EPA itself as the Center for Air Toxic Metal (CATM).
That MEEC has already booked over $100 million of revenue from leading U.S. Utility companies speaks volumes about the potential of this technology.
Overall, this brand new multi-billion sector is poised for overnight gains, with analysts predicting that the industry will outperform the S&P broader market substantially during the next two quarters, and beyond, as coal-fired power plants work towards compliance.
By James Stafford of Oilprice.com
DD Collection $MEEC Midwest Energy Emissions Corp.
Contact Information:
500 West Wilson Bridge Road, Suite 140
Worthington, 43085 Ohio
Phone: (614) 505-6115
Email: info@midwestemissions.com
Website: http://www.midwestemissions.com
Company Officers:[:b]
President, COO, CEO: R. Alan Kelley
CFO: Richard Gross
Senior VP: Keith McGee
VP, Sales: Marc Sylvester
See all Executives profiles:
http://www.midwestemissions.com/company/team/
Business Description:
Midwest Energy Emissions Corporation (MEEC) develops and delivers patented, cost effective mercury capture systems & technologies to
power plants & other coal-burning units in the USA and Canada. Rather than simply selling different types of activated carbon, MEEC
takes a holistic view of the mercury emissions problem delivering a proprietary technology that allows its customers to meet emissions regulations in the most effective & economical manner, with the least disruption to their ongoing operations.
Midwest Energy Emissions Corp. and Subsidiaries:
- Midwest Energy Emissions Corp. (the “Company" is organized under the laws of the State of Delaware with 100,000,000 authorized
shares of common stock, par value $.001 per share.
http://www2.sos.state.oh.us/pls/bsqry/f?p=100:1:0:::::
- MES, Inc. is incorporated in the State of North Dakota. MES, Inc. is a wholly owned subsidiary of Midwest Energy Emissions Corp. and is engaged in the business of developing and commercializing state of the art control technologies relating to the capture and control of mercury emissions from coal fired boilers in the United States and Canada.
Secretary of State North Dakota: https://apps.nd.gov/sc/busnsrch/busnSearch.ht...ch_Results
- AC Midwest Energy LLC:
http://www.secinfo.com/d1fp2t.nb.d.htm
http://www.sec.gov/Archives/edgar/data/728385.../form3.xml
Alterna Core Capital Assets Fund II, L.P.
http://www.sec.gov/cgi-bin/browse-edgar?actio...0001565778
http://www.alternacapital.com/
Third Party Providers:
1. Acorn Management Partners, LLC.
4080 McGinnis Ferry Road
#1101 Alpharetta, GA 30005
2. Bristol Capital, Ltd.
1596 16* Avenue Suite 301
Richmond Hill, ON L4B 3N9
CANADA
3. The Eh^eam Team Group, LLC.
7399 North Shadeland Avenue Suite 123
Indianapolis, ESf 45256
4. Merriman Capital, Inc.
250 West Montgomery Street 16* Floor
San Francisco, CA 94104
5. Monarch Bay Securities, LLC.
5000 Birch Street Suite 4800
Newport Beach, CA 92660
Financial Reporting/Disclosure:
OTC Marketplace OTCQB:
http://www.otcmarkets.com/stock/MEEC/filings
Reporting Status, U.S. Reporting: SEC Filer:
http://www.sec.gov/cgi-bin/browse-edgar?compa...getcompany
Audited Financials: Audited
Fiscal Year End: 12/31
Latest Annual Report: http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9857708
CIK: 0000728385
I.R.S. Employer Identification No: 87-0398271
Profile Data:
SIC - Industry Classification: 3829 - Measuring and controlling devices, misc
Business Status Development Stage Company: a/o Jul 26, 2012
Incorporated In: DE, USA
Year of Inc: 2008
Company Notes:
Capital Change=shs decreased by 1 for 110 split. Pay date=10/07/2011.
Formerly: China Youth Media, Inc. until 10-2011
Formerly: Digicorp until 10-2008
Note: 6-30-04 company is in the development stage
Service Providers:
Accounting/Auditing Firm:
Schneider Downs & Co., Inc.
http://www.otcmarkets.com/research/service-pr...filterOn=5
41 S. High Street Suite 2100
Columbus, OH, 43215
United States
Legal Counsel:
Tucker Ellis LLP
http://www.otcmarkets.com/research/service-pr...filterOn=3
925 Euclid Avenue Suite 1150
Cleveland, OH, 44115
United States
Transfer Agent:
Transfer OnLine, Inc.
http://www.otcmarkets.com/research/service-pr...filterOn=6
512 SE Salmon Street Portland, OR 97214
503-227-2950
http://www.transferonline.com
Share Structure:
The Company was established with two classes of stock, common stock – 100,000,000 shares authorized at a par value of $0.001 and preferred stock – 2,000,000 shares authorized at a par value of $0.001, and had 82,926 Shareholders of Record a/o Mar 14, 2014.
CUSIP Number: 59833H101.
Authorized Shares: 100,000,000
Outstanding Shares: 40,228,123
AS Preferreds: 2,000,000
OS Options: 2,995,458
OS Warrants: 20,488,786
Short Sales:
http://www.otcmarkets.com/stock/MEEC/short-sales
Insider Ownership:
http://www.sec.gov/cgi-bin/own-disp?action=ge...0000728385
Name of Benificial Owner...Number of Shares Class (9)
Richard A. MacPherson (1): 17,208,295 42.2%
Christopher Greenberg (2): 3,344,000 8.3%
Jay Rifkin (3): 2,691,371 6,6%
R. Alan Kelley (4): 525,000 1.3%
Johnny F. Norris, Jr (5): 225,000 *
Marcus A. Sylvester (6): 275,000 *
Richard H Gross (7): 125,000 *
Alterna Core Capital Assets Fund (8) : 22,660,600 36.2%
All Executive Officers and Directors as a Group: 24,388,166
Total Insider ownership 56%.
*Read codes (1, 2, 3 etc):
http://www.otcmarkets.com/financialReportView...;id=131140
Company History:
Midwest Energy Emissions Corp. (OTCQB: MEEC) was created to commercialize a suite of mercury control technology developed at the Energy & Environmental Research Center (EERC) of the University of North Dakota. This technology was licensed to ME2C from the Energy & Environmental Research Center in 2009. Energy & Environmental Research Center (EERC): http://www.undeerc.org/
The EERC is one of the world’s leading developers of cleaner, more efficient energy and environmental technologies to protect and clean air, water and soil. The EERC is recognized worldwide as an expert in understanding mercury in air and for research in the field of mercury emissions capture. In 1992, the U.S. EPA designated the EERC as the Center for Air Toxic Metal (CATM). Through this program the EERC has established a solid foundation in the behavior, transformation, measurement, and control of mercury in coal-fired energy conversion systems (both combustion and gasification).
For the past several years, ME2C has worked closely with utilities, federal and state governments; commercial mercury capture vendors, and emissions scientists & engineers to address the complexities of mercury measurement and control by developing and testing a range of technologies. Early tests and experiments showed that while activated carbon was effective at some utility sites, there was a clear need for an alternative approach that could overcome low capture results and other emissions-related problems. Continued development, testing, and demonstration led to the commercialization of the Sorbent Enhancement Additive (SEA™) technology, which ME2C believes provides the best solution to mercury emissions capture considering cost, effectiveness, flexibility, and the environment with minimal disruptions to ongoing plant operations. ME2C is offering this technology to coal-fired power plants and utilities in the U.S. and Canada with future expansion into Europe and China at the appropriate time.
Technology:
ME2C provides customer-centric mercury capture solutions based on our patented SEA™ technology using a combination of materials tailored and formulated specifically to customers’ coal-fired units. The SEATM technology is an effective and economically sound solution to achieving mercury emissions capture rates over 90% in coal-fired power plants.
http://www.midwestemissions.com/technology/
Products:
ME2C’s extensive product lines cover both its patented SEA™ system products and complete line of sorbents for backend system applications across all boiler types. These products, when combined with the company’s patented process, provide an economical and environmentally friendly approach to mercury mitigation. Sorbent loading is reduced significantly when compared to traditional activated carbon systems.
Sorbent Enhancing Additive (SEA™) Technology:
The SEA™ product line is specifically tailored for each application to match a customer’s fuel type and boiler configuration for optimal results. This high-grade sorbent enhancement additive, which is injected into the boiler in minimal amounts, works in tandem with proprietary sorbents to insure maximum mercury capture with superior economics compared to typical mercury removal techniques in use today. This tailored approach has the added advantage of substantially reducing the impact of mercury capture on the balance-of-plant systems and operations.
ME2C Sorbents:
The sorbent line consists of a number of proven, environmentally friendly proprietary sorbents that meet and exceed the mercury mitigation requirements of our clients while providing the best possible economics and the lowest possible feed rates.
ME2C’s 100% carbon-free line is an extraordinary breakthrough in the mercury mitigation sorbent business. Combined with the SEA™ product it offers utilities selling their fly ash a no-risk alternative to the “carbon based” sorbents of the competition. The sorbent product line has been developed and fully demonstrated in long-term field testing over a dozen utilities across North America over the past several years with tremendous results.
Patent Protection:
23 patents in U.S., Canada, China, Europe
Developed from ~ $60 million in government and private funding
Commercially proven technology in 25 utility company funded demonstrations
Patents developed by the Energy and Environmental Research Center (EERC)
Internationally recognized center for mercury control
300 engineers and scientists
More than 20 years of field testing and field testing
Exclusive, ongoing rights to EERC mercury control patents
Patent protection runs through 2025+
Highly defensible portfolio
Highlights:
- Commercially Proven, Patented, Proprietary SEA™ Technology.
- 23 Patents protected until 2025 in U.S., Europe, Canada, China.
- Fully tested over many years and at more than 30 locations.
- Large Multi-Billion Dollar Annual Market Commencing in 2015 in the U.S.
- Imminently Large, Mandated Market; EPA Estimates $9.6B Annually.
- Reputable, Experienced Management Team.
- Multi-Year, Recurring Revenue Contract Model.
- Most Cost-Effective Solution on the Market.
- Currently 15 coal-fired power unit contracts.
- Expected to be Cash Flow positive in 2015.
Corporate Presentation Midwest Energy Emissions Corp:
http://midwestemissions.com/wp-content/upload...p-2014.pdf
$MEEC Midwest Energy Emissions Corp Holds First Annual Meeting of Shareholders at EERC:
"This is a very proud moment for all of us at ME2C," said President and CEO, R. Alan Kelley. "The opportunity to share our success with our shareholders is another important milestone. After 20 years of dedicated research and technology development, this technology is in a very strong position to make a significant impact on the coal-fired power sector in mercury control. We now have 15 coal-fired power generation units under contract and are looking forward to many more opportunities ahead."
https://www.otcdynamics.com/meec-midwest-ener...ce=twitter
Energy, Utility & Environment Conference Feb 16 - 18:
http://www.euec.com/wp-content/uploads/2014/1...ochure.pdf
Exhibitor List, Midwest Energy Emissions Corp. Booth: 215e:
http://s15.a2zinc.net/clients/EUEC/EUEC2015/p...enu=105000
ME2C Brings EERC Technology to Market:
http://undeerc.blogspot.be/2014/08/key-partne...ign=8-2014
Midwest Energy Emissions Corp in Energy Tech magazine:
http://www.energy-tech.com/search/?t=article&...sions+Corp
Demonstrated Mercury Capture using ME2C’s Sorbent Enhancement Additive (SEATM) Technology:
http://midwestemissions.com/wp-content/upload...101013.pdf
Maximizing Mercury Capture Under Challenging Scenarios:
http://midwestemissions.com/wp-content/upload...C-2013.pdf
EPA Mercury and Air Toxics Standards (MATS):
http://www.epa.gov/airquality/powerplanttoxics/index.html
United Nations Environment Programme; MERCURY TIME TO ACT:
http://midwestemissions.com/wp-content/upload...eToAct.pdf
Please do your own Due Diligence!
Good luck
Breaking 200 day MA again. This is looking better each day here. Getting noticed.
The Big Winner in the US Coal Regulations Game
PR Newswire via CMTX - Thu Apr 23, 7:00AM CDT)
Overnight, the US government has created an annual $2-billion mercury control industry that Warren Buffet has already invested more than $30 million in, as the Obama administration makes the final play in its regulatory war on the $120-billion coal-fired segment of the power industry.
The EPA's new rules took effect on 16 April and curb mercury pollution from power plants, adding 28 states to the 22 states that already regulate mercury emissions. More limits are expected this summer.
The new technology required to control mercury emissions at coal-fired power plants is now where all the money is shifting.
One of the biggest winners of this new federally mandated industry is one of the smaller players - Midwest Energy Emissions Corp. (MEEC), which has already booked $40 million in annualized revenues from billion-dollar utility companies for 2016.
Ohio-based MEEC is storming the new regulatory scene with second-generation mercury radiation technology that has won five major, multi-year utility company contracts for 15 coal-fired power units.
The company boasts patented (25 worldwide), proprietary technology that allows coal-fired utilities to meet the EPA's new stringent regulations cost-effectively and with minimal disruptions.
In total, MEEC has already won $100 million in existing long-term contract revenues for 2015 through 2018, and expects to reach 40-60 energy units contracted out by the end of next year. This would potentially put MEEC's revenues in excess of $100 million by the end of 2018.
MEEC says its technology is up to 50% more efficient than anything else out there. It also says it has a 50% cost advantage over its larger competitors.
This is a small company, and its stocks appear to be undervalued, which means that investors can get in on the ground floor at the very beginning of this new $2 billion/year industry.
Small-cap, pure play pollution control technology stocks-such as Midwest Energy Emissions Corp. (OTCQB:MEEC), Calgon Carbon Corporation (NYSE:CCC), Fuel Tech Inc (NASDAQ:FTEK), Advanced Emissions Solutions, Inc. (OTCMKTS:ADES) and Albemarle Corporation (NYSE:ALB)-is the way to play this game.
Coal-burning utilities giants such as Duke Energy Corp. (NYSE:DUK) and Southern Co. (NYSE:SO) have been fighting these new regulations tooth and nail, but now it's inevitable-so, too, is the new $2 billion/year mercury remediation industry.
Oilprice.com
SOURCE Oilprice.com
http://rt.prnewswire.com/rt.gif?NewsItemId=enUK201504225447&Transmission_Id=201504230800PR_NEWS_USPR_____enUK201504225447&DateId=20150423
Copyright (C) 2015 PR Newswire. All rights reserved
For Midwest Energy Emissions, Everything Changed When the Clock Struck Midnight.
Midwest Energy Emissions is In the Right Place at the Right Time (MEEC, SO, DUK)
Duke Energy Corp. (NYSE:DUK), Southern Co. (NYSE:SO), and a whole slew of other utility companies may soon be in desperate need of Midwest Energy Emissions Corp. (OTCMKTS:MEEC).
By James E. Brumley
Apr 6, 2015 11:24:15 AM PDT
Sometimes, the simplest and most straight-forward approach makes the most sense, even if it does feel a little too obvious. Just ask utility companies like Duke Energy Corp. (NYSE:DUK) and Southern Co. (NYSE:SO), both of which have struggled with new ways to generate electricity by burning coal more cleanly in an effort to meet impending EPA regulations regarding the pollutant-laden power source. They should have called on Midwest Energy Emissions Corp. (OTCMKTS:MEEC) to solve their respective problems.
On the flipside, it's not too late. Indeed, with new legislation set to go into effect in just a few days, the likes of Southern Co. and Duke Energy may well end up calling on Midwest Energy Emissions en masse anyway, perhaps even more so now that MEEC has a mobile solution ready to roll out to where the problems lie.
Kudos to Southern Co. and Duke Energy for at least trying to make coal environmentally-friendly again, even before new laws mandated it. For DUK, that meant a large-scale coal gasification plant in Edwardspot, Indiana that "works" in the broad sense of the word, but has yet to work impressively. For SO, that's meant a long-troubled, yet-to-start-operations coal gasification plant in Kemper County, Mississippi that recently lost much-needed funding after courts ruled it couldn't raise utility rates to fund the already-cost-overrun-laden project. The Kemper County project was particularly novel in that it was deigned to capture all the plants pollutant emission before escaping into the air and burying them underground.
The driving force behind each project was a growing disdain for coal that was clearly going to become policy - and law - in the future. That future is now.... April 16th, to be exact. That's when a new EPA mandate to reduce coal-burning created mercury emissions (among other toxic emissions) by 90% goes into effect.
The aforementioned projects from Duke Energy and Southern Co. help to that end.... or would, if they were working ideally (or working at all). It's just not enough, though, and the clock is ticking, with steep fines for all coal-burning power plants in store if they're not compliant with the new EPA rules a week and a half from now. Some are ready, and some are not, with the "not" group still holding out hope for a last-minute gift from the Supreme Court.
It's a gift they're not going to get, which puts the spotlight on a little company called Midwest Energy Emissions.
Although it's not the only company in the emissions "scrubbing" game, MEEC may be the best, as it's got a brilliant twist on an underappreciated technology.
Most technologies of the kind are sorbents - carbon adsorbents and corresponding advanced sorbent injection systems, to be specific. Midwest Energy Emissions takes this premise to the proverbial next level.
The approach is called a Sorbent Enhancement Additive, or SEA. The SEA(tm) approach to mercury capture is specifically tailored for each application to match a customer's fuel type and boiler configuration for optimal results. The high-grade sorbent enhancement additive - injected into the boiler in minimal amounts - works in tandem with proprietary sorbent products to ensure maximum mercury capture with superior economics compared to other mercury removal techniques presently in use.
The distinguishing factor lies in the fact that Midwest Energy Emissions has developed its products with a focus on chemisorption, which takes into full account the myriad of competing gases within a power plant that often can interfere with mercury capture, or worse, proper scrubber function.
MEEC took another big step last Thursday, announcing it had constructed a proprietary mobile emissions-analysis lab.
The mobile laboratory will allows MEEC to bring its expertise to the power plant, in real-time, where it will gather on-site mercury measurements, adapt its systems to different plant configurations and coal types, better understand plant-specific operations, and provide critical oversight to the power plant's own testing equipment. The lab will also able to measure and monitor other gas components, including CO2, CO, So2, O2, and NOx.
In other words, Midwest Energy Emissions Corp. will be able to figure out how to best make a power plant compliant with new EPS standards fast. This could be a game-changer considering the new law goes into effect next week, and many plants simply aren't ready for it. Some of these plants may well include plants owned by big boys like Duke Energy Corp. and Southern Co.
At stake is a market some have estimated to be worth $10 billion per year, in equipment and adsorbents; adsorbents are consumed over time and must be replenished. MEEC has dialed down its potential market size to only $2.5 billion, although that's still a huge opportunity for the $25 million company and its investors.
For more on Midwest Energy Emission, visit the company website here.
James E. Brumley is a paid contributor of the SmallCap Network. James E. Brumley's personal holdings should be disclosed above. You can also view SmallCap Network's complete disclaimer and disclosure.
Nice volume. Lets see the $1.50! Up over 25%.
MEEC: Zacks initiates coverage of Midwest Energy Emissions with a Buy rating.
Zacks Small Cap Research
By Zacks Small Cap Research
6 hours ago
By Steven Ralston, CFA
OTC:MEEC
Today, Zacks initiated coverage of Midwest Energy Emissions (MEEC) with a Buy rating and a target of $1.55. Midwest Energy Emissions is well-positioned to benefit from the Congressionally-mandated implementation of Mercury and Air Toxics Standards (MATS). The company has exclusive rights to Sorbent Enhancement Additive (SEA™) Technology for the reduction of mercury emissions by coal-fired electric generating units. The technology has been commercially deployed and provides many advantages, including low cost of operation, flexibility for optimization and preservation of fly ash marketability.
Management is executing its plan to sign multi-year contracts, deliver and test mercury emissions removal equipment and supply sorbent for three-year contract periods. The company’s top-line is poised to accelerate significantly over the next two years since Midwest Energy Emissions already has been awarded five contracts encompassing 15 Electric Generating Units (EGUs). The electric power sector is concerned about MATS since not only are the pollution control requirements stringent, but also compliance is power plant-specific. Therefore, emissions-trading is not a compliance option. In addition, there is a statutory-constrained compliance deadline.
SEA Technology can achieve mercury removal levels that are compliant with MATS at a significantly lower cost than other methods while preserving the quality (and hence the marketability) of fly-ash, a by-product from the coal burning process. Midwest Energy Emissions holds exclusive rights to 30 patents and patents-pending related to a mercury removal processes developed by the Energy & Environmental Research Center (EERC) and has a close and mutually beneficial relationship with the EERC Foundation, which aids in the commercialization EERC’s research efforts. The company’s holistic cost-competitive solution for mercury emission control is a proven, effective technology that reduces mercury emissions to MATS-compliant levels over a wide range of plant configurations and coal types.
Midwest Energy Emissions is deploying what appears to be the industry’s most cost-effective solution for coal power plants to comply with MATS. Management and the EERC believe that the SEA Technology process with an optimized blend of sorbents is the most efficient, cost-effective manner to capture mercury. SEA Technology provides an approach that optimizes the mercury capture process while minimizing the cost of injected materials. As a result, SEA Technology lessens the total amount of sorbent injected, thereby reducing the cost of MATS compliance. The technology is also flexible, allowing Midwest Energy’s consumable products to be formulated specifically for a coal-fired unit and its coal-fuel-type. Importantly, the process has less operational impact with minimal corrosion to the plant’s equipment and preserving the marketability of fly ash, an important ancillary revenue stream for power plants.
Recently, on March 20th, Midwest Energy Emissions reported results for the year ending December 31, 2014. The company reported record revenues of $2,794,206, up 67.5% from $1,668,472 reported in 2013. Revenue growth was driven by product deliveries associated with operations at two EGUs, along with tests being performed by commercial customer sites as they prepare for compliance with the MATS. Also, through the end of 2014, the company has received unrecognized advance payments of $5,808,301 that is recorded as deferred revenues on the balance sheet. In the future, when the equipment is delivered and commissioned, the deferred revenues will be recognized as revenues on the income statement.
MEEC: Zacks initiates coverage of Midwest Energy Emissions with a Buy rating
Zacks Small Cap Research 6 hrs ago
MIDWEST ENERGY EMISSIONS CORP. Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial
EDGAR Online 6 days ago
More
.
Also, just last week, the company announced the launch of a new service, its proprietary Mobile Emissions-Analysis Lab. Having completed field-testing, the mobile lab can gather on-site mercury measurements to better understand each power plant’s specific operations, which are unique to each EGU’s configuration and type of coal being combusted. The lab is also able to measure and monitor other gas components (such as CO2, CO, SO2, O2 and NOx) and Midwest Energy’s injected products.
The valuation methodology for pollution control/environmental remediation companies usually is based on the use of EV-to-EBITDA reflecting the industry’s characteristics of profitability and cash flow generation. However, if a company is experiencing negative profitability, either due to adverse fundamental circumstances or being in the early phases of the company’s life cycle, the applicable valuation metric becomes Price-to-Sales (P/S). Midwest Energy Emissions has an expected sales profile that should grow and expand as the company’s SEA Technology processes are deployed within the coal-fired utility industry and the company’s patent-protected sorbent is sold into the operating customer base. Ultimately, the growing revenue stream should manifest itself into positive EBITDA and later, positive earnings when the break-even point is surpassed.
Midwest Energy is unique in that it has a singular focus (the mercury emissions control market), holds exclusive rights to patented processes, has achieved market penetration through the commercialization of SEA Technology and is positioned to take advantage of further growth opportunities afforded by the implementation of MATS. Comparable pollution control and value-added specialty chemical companies trade in a P/S valuation range between 2.4 and 0.9. Utilizing the mid-second quarter P/S ratio of 1.8 on projected 2016 sales of $34.9 million, our share price target is $1.55.
We are optimistic about Midwest Energy Emissions. The company should experience a dramatic increase in revenues over the next few years as the coal-fired plants, which have contract for Midwest Energy’s SEA Technology, ramp up their mercury emissions control efforts to become MATS-compliant.
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Midwest Energy Emissions Announces Richard MacPherson to Succeed as President and CEO
(via Thenewswire.ca)
Lewis Center Ohio / TheNewswire / March 31 2015 - Midwest Energy Emissions Corp. (OTCQB: MEEC) ("ME2C"), a leader in mercury emissions control for coal-fired power plants, announces today that Richard MacPherson, founder of ME2C, has been appointed President and CEO by the Company Board of Directors, effective immediately.
Richard has spent over 25 years at senior levels of management in many industries across Canada and the U.S. including communications, industrial production and internet based firms, prior to starting Midwest Energy Emissions Corp. During that time he was successful in building and creating continuous growth in enterprise value through results at every post. More recently, together with the Energy Environment Research Center and a dedicated industry leading staff, Richard was able to launch and help grow Midwest Energy Emissions Corp. into the expanding business operation throughout Canada and the United States that it is today.
Chairman Chris Greenberg stated, "We are excited that Richard has agreed to lead the Company full time as President and CEO. Richard brings together the original research and operational know-how with today's sophisticated and proven operating platform. Having lead the development and full commercialization of the firm's technologies from day one, Richard will now apply that knowledge and experience to the leadership role".
Greenberg concluded, "It is an exciting day at Midwest as we transition from the leadership of Alan Kelley, who will stay on as an advisor to Richard and the Board for the rest of 2015, after serving the firm well over the past 3 years.
Commenting on his appointment, MacPherson stated, "The opportunity to further grow the Company from this point forward and lead this excellent team as CEO is exciting. We have all of the pieces in place to create tremendous shareholder value, and become the global leader in mercury emissions we had envisioned from day one. It is rare that such a collection of talent and technology come together as is now with Midwest Energy Emissions. As we transition to high growth and execution, the management team and Board of Directors have been expertly staffed for strong leadership and governance, to deliver maximum results for our shareholders."
About Midwest Energy Emissions Corp. (ME2C) ?Midwest Energy Emissions Corp. delivers cost effective mercury capture technologies to power plants and other large industrial coal-burning units in the United States and Canada. The Company's proprietary technology allows customers to meet the new, highly restrictive standards the U.S. EPA has set for mercury emissions, in an effective and economical manner with the least disruption to their current equipment and on-going operations. For more information, please refer to the Company's website at www.midwestemissions.com.
Safe Harbor Statement: With the exception of historical information contained in this press release, content herein may contain "forward looking statements" that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the gain or loss of a major customer, change in environmental regulations, disruption in supply of materials, a significant change in general economic conditions in any of the regions where our customer utilities might experience significant changes in electric demand, a significant disruption in the supply of coal to our customer units, the loss of key management personnel, failure to obtain adequate working capital to execute the business plan and any major litigation regarding the Company. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in the Company's periodic filings with the Securities and Exchange Commission.
CONTACT INFORMATION
Keith R. McGee
Director of Investor Relations
Midwest Energy Emissions Corp.
614-505-6115
kmcgee@midwestemissions.com
Copyright (c) 2015 TheNewswire - All rights reserved.
Source: TheNewsWire (March 31, 2015 - 8:45 AM EDT)
The Company currently operates in a single market of mercury reduction in flue gas emissions from large coal-fired utility and industrial boilers. This market is primarily based on air pollution control regulations and enforcement of those regulations. Any significant change in these regulations would have a dramatic effect on the Company. Specifically, on December 16, 2011, the EPA published the Mercury and Air Toxic Standard. The final rule has a three year compliance schedule for most power plants. Litigation is pending which could defer implementation of mercury reduction regulation for years or indefinitely. The U.S. Court of Appeals for the District of Columbia Circuit ruled to uphold MATS in April of 2014. On November 2014 the U.S. Supreme Court agreed to hear state and industry challenges against MATS. Oral argument is scheduled for March 2015 and a decision is expected in June 2015.
If I'm reading this correct
$MEEC made a $3 mil payment of a Note after exercising 12.5 mil
Warrants were exercised at
$0.50 = $6.25 mil =
more working capital & less debt
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10573568
Midwest Energy Emissions Corp. Further Strengthens Its Board of Directors
Chris Lee Joins ME2C as Director
WORTHINGTON, OH--(Marketwired - March 12, 2015) - Midwest Energy Emissions Corp. (OTCQB: MEEC) announced today that Chris Lee on February 20, 2015 joined the Company's Board of Directors as an independent director. Since July 2014 Mr. Lee has served as the Chief Financial Officer of Butler Machinery Company, a regional dealer of top-quality heavy construction equipment and agriculture equipment for sale with locations in North Dakota, South Dakota and Nebraska. Prior to taking that position Mr. Lee was a partner at Eide Bailly, LLP, a public accounting firm with 26 offices in 12 states. Mr. Lee graduated in 2003 from North Dakota State University with a Bachelor's Degree in Accounting.
Chris Greenberg, Chairman of the Board of Directors commented, "Chris Lee's high-level knowledge and understanding of financial accounting is unparalleled, and is adjoined by his integrity. Chris is an important addition to ME2C's Board of Directors as we continue to add expertise across key financial verticals. His independence will facilitate the Company's goal to eventually list on a major stock exchange. I am excited to welcome Chris to our great team."
CEO R. Alan Kelley commented, "Today, Midwest Energy Emissions Corp. is executing on a critical path towards building a large and thriving energy-technology company in the mercury emissions control industry. We are spending every day in the field selling our patented mercury emissions solutions, executing on our existing contracts, and preparing for what should be a very significant ramp in revenues over coming years. Our Board has been bolstered with great talent and leadership which we believe will enable us to deliver well-deserved returns to our shareholders."
Midwest Energy Emissions Corp. develops and employs patented and proprietary technologies to remove mercury from coal-power plant emissions. The U.S. Environmental Protection Agency's (EPA) Mercury and Air Toxic Standards (MATS) rule requires that all coal- and oil-fired power plants in the U.S., larger than 25 mega-watts, must remove roughly 90% of mercury from their emissions. ME2C employs patented technology that has been shown to achieve mercury removal levels compliant with MATS at a significantly lower cost and with less operational impact than currently used methods, while preserving the ability for customers to recycle and sell fly-ash for beneficial use.
Safe Harbor Statement
With the exception of historical information contained in this press release, content herein contains "forward looking statements" that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Matters that may cause actual results to differ materially from those in the forward looking statements include, among other factors, the gain or loss of a major customer, additional or new EPA regulations affecting coal-burning utilities, customer requesting delays under supply agreements, disruption in supply of materials, a significant change in general economic conditions in any of the regions where our customer utilities might experience significant changes in electric demand, a significant disruption in the supply of coal to our customer units, the loss of key management personnel, failure to obtain adequate working capital to execute the business plan and any major litigation regarding the Company. In addition, this release contains time-sensitive information that reflects management's best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward looking statements contained in this release can be found in the Company's periodic filings with the Securities and Exchange Commission.
Contact:
Keith R. McGee
Sr. Vice President
Business Development & Investor Relations
Midwest Energy Emissions Corp.
614-505-6115
kmcgee@midwestwemissions.com
Source: Marketwired (March 12, 2015 - 9:01 AM EDT)
NBT Equities Research: Initiating Coverage on Midwest Energy Emissions Corp. (MEEC): $5 Target
http://www.nbtequitiesresearch.com/report/nbt-equities-research-initiating-coverage-on-midwest-energy-emissions-corp-meec-5-target
Paid research....beware
"DISCLAIMER: In accordance with Section 17(b) of the Securities Act of 1933, you are hereby advised Velocity Studio LLC dba
NBT Equities Research (“NBT”) has been compensated $60,000 for sponsored research and investor awareness marketing
services by Midwest Energy Emissions Corp (“MEEC). NBT reserves to right to buy, hold or sell any shares it holds in MEEC at
any time including sales during the time period of this or any investor awareness campaign and it should be assumed shares will
be sold during the distribution of this or any advertisement on behalf of MEEC"
http://www.nbtequitiesresearch.com/sites/default/files/uploads/NBTER_Initiating_Coverage_Report_MEEC_FINAL_3.5.15.pdf
Yahoo finance has a $3.00 price target. MEEC getting noticed.
http://finance.yahoo.com/q?s=meec
I think I could live with $5.00 share price
Toby Smith just sent me a email pumping this.
http://www.nbtequitiesresearch.com/report/nbt-equities-research-initiating-coverage-on-midwest-energy-emissions-corp-meec-5-target
Here is the paragraph on that. good find.
The air toxics rule also adjusts the way cement kilns continuously monitor PM emissions, and adjusts emissions limits for PM and organic air toxics. Existing kilns must comply with the standards by Sept. 9, 2015, and if needed, may request an additional year. EPA is making conforming changes to the PM limits in the New Source Performance Standards (NSPS) for new cement kilns.
but coal fired plants its april
http://www.power-eng.com/articles/2014/03/operators-of-coal-fired-power-plants-decide-how-to-meet-mats-2015-deadline.html
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In April 2015, the final component of the Clean Air Act of 1990 – MATS (Mercury and Air Toxic Standard) - becomes effective, requiring that all U.S.-based coal- and oil-fired electric power plants generating 25MW and higher to reduce mercury emissions by approximately 90%.
YOUR MERCURY REMOVAL SOLUTION
We have the most cost-effective strategy for Hg emissions reduction that meets EPA MATS compliance for all of your coal-burning power plants. Our technology is successful across a myriad of fuel and system types, is tunable to any configuration and is CCR Friendly.
Midwest Energy Emissions Corp. (ME2C) develops and delivers patented, cost-effective mercury capture systems and technologies to power plants and other coal-fired units in the United States and Canada. ME2C takes a holistic approach to the mercury emissions problem by delivering proprietary technologies that allow customers (i.e. coal-fired power plants, etc.) to meet emissions regulations in an effective and economical manner, with the least disruption to their ongoing operations.
Midwest Energy Emissions Corp. (OTCQB: MEEC) started as a R&D relationship with the Energy & Environmental Research Center (EERC) of the University of North Dakota. EERC is one of the world’s leading developers of cleaner, more efficient energy and environmental technologies to protect and clean air, water and soil. In 1993, the U.S. EPA designated the EERC as the Center for Air Toxic Metal (CATM).
ME2C and the EERC worked closely with utilities, federal and state governments, emissions scientists and engineers to address the complexities of mercury emissions control in power plants. Through ME2C’s research and testing, an alternative approach has been proven that provides for mercury emissions capture rates at 90%+ in coal-fired power plants. The result is that ME2C and EERC have developed a leading-edge mercury emissions control technology called Sorbent Enhancement Additive (SEA™) designed to reduce mercury emissions in the flue gases of coal-fired power plants, on which ME2C controls the worldwide patents.
ME2C believes that this is the best solution for mercury emissions capture in coal-fired power plants considering cost, effectiveness and flexibility with minimal disruptions to ongoing plant operations. ME2C is offering this technology to coal-fired power plants and utilities in the U.S. and Canada with future expansion into Europe and China at the appropriate time.
Investment Highlights
http://ir.midwestemissions.com/ Investors Quick Link (click)
As of March 20, 2015 Common stock; 100,000,000 Shares Authorized | ||||||||
40,451,388 Outstanding |
Products
ME2C’s extensive product lines cover both its patented SEA™ system products and complete line of sorbents for backend system applications across all boiler types. These products, when combined with the company’s patented process, provide an economical and environmentally friendly approach to mercury mitigation. Sorbent loading is reduced significantly when compared to traditional activated carbon systems.
Sorbent Enhancing Additive (SEA™) Technology
The SEA™ product line is specifically tailored for each application to match a customer’s fuel type and boiler configuration for optimal results. This high-grade sorbent enhancement additive, which is injected into the boiler in minimal amounts, works in tandem with proprietary sorbents to insure maximum mercury capture with superior economics compared to typical mercury removal techniques in use today. This tailored approach has the added advantage of substantially reducing the impact of mercury capture on the balance-of-plant systems and operations.
ME2C Sorbents
The sorbent line consists of a number of proven, environmentally friendly proprietary sorbents that meet and exceed the mercury mitigation requirements of our clients while providing the best possible economics and the lowest possible feed rates.
ME2C’s 100% carbon-free line is an extraordinary breakthrough in the mercury mitigation sorbent business. Combined with the SEA™ product it offers utilities selling their fly ash a no-risk alternative to the “carbon based” sorbents of the competition. The sorbent product line has been developed and fully demonstrated in long-term field testing over a dozen utilities across North America over the past several years with tremendous results.
Patent Protection
Services
ME2C is unique in that it establishes, operates and maintains a service and warehouse facility near the customers’ facility to provide year-round, 24-hour support and service. ME2C experts continuously manage and monitor plant systems to ensure efficiency and performance.
ME2C Services
Field Analysis
In order to achieve the optimal capture rates, ME2C conducts all of its analysis in the field monitoring and adjusting as necessary vs. collecting samples for laboratory analysis.
ME2C field analysis uses a mobile laboratory trailer equipped with a Leeman cold-vapor atomic adsorption spectrophotometer and a DMA-80 analyzer (Milestone, Inc.), which allows for coal and ash mercury analysis in the field. This technique was recently validated as EPA Method 7473.
In addition to the equipment necessary to do mercury wet-chemistry sampling procedures, several different types of continuous mercury monitors (CMMs) are used:
ME2C’s Solutions
Scrubber & SCR Combo
Powdered Activated Carbon (PAC) or Brominated Activated Carbon (BAC)
Model 615 consists of a reusable housing and a replaceable cartridge, which must be replaced after each use or upon expiry of a 2-year shelf life. Over time, this results in recurring revenues and greater earnings predictability.
Future products
MEEC’s SEA™ Technology
Industry
On December 21, 2011 the U.S. Environmental Protection Agency (EPA) issued its Mercury and Air Toxics Standards (MATS) for power plants. The new rule is intended to reduce air emissions of heavy metals, including mercury (Hg), from all major U.S. power plants, which are the leading source of non-natural mercury emissions in the U.S. Existing power plants will have up to four years to comply with the new emission limits.
The new MATS rule applies to Electric Generating Units (EGUs) that are larger than 25 megawatts (MW) that burn coal or oil for the purpose of generating electricity for sale and distribution through the national electric grid to the public. They include investor-owned units, as well as units owned by the Federal government, municipalities, and cooperatives that provide electricity for commercial, industrial, and residential uses.
The final MATS identifies two subcategories of coal-fired EGUs, four subcategories of oil-fired EGUs and a subcategory for units that combust gasified coal or solid oil (integrated gasification combine cycle [IGCC] units) based on the design, utilization, and/or location of the various types of boilers at different power stations. The rule includes emission standards and/or other requirements for each subcategory. The rule sets nationwide emission limits and is estimated to reduce mercury emissions in coal-fired plants by about 90% overall.
While the ultimate costs for compliance in the U.S. is estimated to be in the $9.6 billion per year range, that will not likely be the case until EGUs must comply starting early 2015. These on-going annual operating costs increases also do not include the capital costs to install the equipment and have it ready to operate when the emission limits are required.
In the near term, ME2C believes that utilities will explore and conduct numerous demonstrations of various technologies to determine which will work best to achieve the required reductions to bring each individual unit under the maximum allowed emissions rate. There are several choices of pollution control technologies that might be employed to reduce mercury emissions, but they do not all work well for every plant designs or for all of the various types of coal. It is important to note that very few units in the U.S. today consistently limit mercury emissions to below the new maximum allowed rates. In addition, the EPA estimates that 40% of the coal units in the U.S. affected by the new MATS have no advanced pollution controls in operation.
The most common technology employed to reduce mercury emissions is the injection of powdered activated carbon (PAC) or brominated PAC (BAC) into the flue-gas of an EGU after the boiler itself, but in front of the Electro-Static Precipitation (ESP). Such injections have proven effective with many coals, especially at reduction levels of 70% or less. At required mercury reduction levels above 80%, these injection systems required substantial injection rates which often has severe operational issues including over-loading the ESP and rendering the fly ash unfit for sale to concrete companies, and at times even causing combustion concerns with the fly ash itself.
Timeline
The U.S. EPA publicly released its final rule (MATS) on December 21, 2011. Existing power plants will generally have up to 4 years if they need to comply with these standards (includes the 3 years provided by the Clean Air Act plus one extra year for extraordinary hardships), giving a final compliance date for most units of not later than early 2016.
Canada’s CWS for mercury emissions is under review, with most recent being October 11, 2006.
U.S. State Regulations
As of February 2011, there were more than a dozen states that have established more stringent emission limits, which were slated to take effect before the EPA’s limits.
MEEC Value Proposition
MEEC delivers MATS Compliance – every time, all the time.
The Competition
Market Opportunity
In April 2015, the final component of the Clean Air Act of 1990 – MATS (Mercury and Air Toxic Standard) - becomes effective, requiring that all U.S.-based coal- and oil-fired electric power plants generating 25MW and higher to reduce mercury emissions by approximately 90%.
Three of the four major air pollutants (NOX, SOX, and particulates) have already become regulated as part of the Clean Air Act of 1990.
Currently:
EPA estimates the MATS rule will apply to about 1,400 units in the U.S. (1,100 coal-fired plants and 300 oil-fired plants). The agency also estimates the cost to be $9.6 billion per year beginning in 2015 in the U.S. Canada, Europe, and China expected to be large opportunities for mercury removal as well.
Recurring Revenue Model
The U.S. utilities industry generates approximately $450 million in annual sales of fly-ash to the cement industry. MEEC’s patented SEA™ Technology, and proprietary sorbents, assures the continuation of these all-margin revenue streams.
While competing ‘carbon-based’ sorbents render fly-ash unusable at MATS compliance volume levels, MEEC’s technology preserves fly-ash for sale.
The company’s ongoing supply of proprietary SEATM Material and Sorbent Material provides recurring revenue and multi-year contracts.
Management Team
http://www.midwestemissions.com/about-us/leadership-team/
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